Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Higher Way Electronic Co., Ltd. operates globally as a supplier of integrated circuits (ICs), specializing in consumer electronics, multimedia applications, and microcontrollers. The company's market footprint extends across Taiwan, Hong Kong, mainland China, and the United States, serving a diverse international clientele. Beyond product distribution, Higher Way actively develops proprietary IC software and firmware. Its service portfolio includes comprehensive technology solutions such as imaging components, wireless transmission modules, sensor integration, application development, algorithmic processing, and tailored design services. The company's extensive product range features video solutions like multimedia processors, dual USB cameras, camera modules, and thermal imaging devices. In the audio domain, it offers components for electric pianos, electronic flipcharts, tablet PCs, speech recognition systems, and USB stereo audio. Its industrial segment includes microcontrollers, flash memory, motor control units (MCUs), and wireless charging solutions. Furthermore, Higher Way is proficient in touch control technologies, display driver development, and advanced AIoT (Artificial Intelligence of Things) and radio frequency (RF) applications. Established in 1991, the company maintains its corporate headquarters in Taichung, Taiwan.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.